According to the report from DIGITIMES on July 27, the supply of automotive and industrial chips remains tight, while consumer chip inventories continue piling up throughout the supply chain. Industry sources said consume
According to the report on July 26, Chipmaker Texas Instruments Inc on Tuesday announced its 22Q2 revenue increased by 14% year-on-year, 6.3% quarter-on-quarter, to $5.212 billion, better than the expectation of $4.65 billion. Meanwhile, its revenu
According to the report from cnYES, automotive chipmaker NXP Semiconductors N.V. reported financial results for the second quarter on July 25. The report pointed that owing to the strong demand within the Auto and Industrial and IoT end-markets, NX
South Korea said it aims to increase the share of local enterprises in the global non-storage semiconductors market from 3% to 10% by 2030, reducing the reliance on imported materials, components and equipment from 70% to 50%.
According to insiders, Broadcom and Texas Instruments are planning to hike the chip prices these days.
Influenced by the shortages of chips and other parts, Japan’s leading automotive manufacturer Toyota is expected to reduce global production volume by 20% in August. EV production line in Japan will be suspended for one month.
